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4124 Green Drake Drive

4124 Green Drake Drive, Wake Forest, NC 27587
Property in Drayton Reserve
Sold Jul 30, 2015
$413,000
$330,400 by Pnc Mortgage Llc
Mortgage Due Aug 01, 2045
Sold Apr 30, 2014
$1,400,000
Local assessors in Wake Forest, NC have categorized 4124 Green Drake Drive as a residential type of property. The home was built in 2014 and is 10 years old. The property's lot size has been calculated to be 16,117 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4124 Green Drake Drive has a total of 3,956 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4124 Green Drake Drive sold most recently in Jul 29, 2015 for a total of $413,000. If you work out the math, that's approximately a cost of $104.40 per sqft. Before that, the property was also sold for $1,400,000 in Apr 30, 2014. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,406 in taxes each year. 4124 Green Drake Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $455,297. If we break it down further, the land itself was valued at $75,000. Improvements to the property, however, were assessed at a total of $380,297. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 240
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 3,956
  • Building Area: 3,956
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,956
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DRAYTON RESERVE
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO73 DRAYTON RESERVE PH1B BM2013-00359

Ownership

  • Current Owner : CHAPMAN MICHELE LYNN
  • Current Owner 2: HICKS COREY JAY
  • Previous Owner : THE RYLAND GROUP INC
  • Owner Before Previous Owner: DRAYTON PARTNERS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054216

Zoning

  • Zoning: RM-CZ

Geography

  • Assessors Map Reference: BK 2013 PG 359
  • Account Number: 0414503
  • District: 19
  • Subdivision Phase Number: 1B
  • Parcel: 1748.02-76-9695 0414503
  • Lot: 73
  • Municipality: WAKE FOREST
  • Latitude: 35.9104
  • Longitude: -78.5002

    Address

  • Full Address: 4124 Green Drake Dr
  • Address - House Number: 4124
  • Address - Street Name: Green Drake
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Wake Forest
  • Carrier Code: R009
  • 4-Digit Zip Code: 9832
  • Zip Code: 27587

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,406

    Appraisal Valuation

  • Standard Deviation: 0.1296
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 85
  • Final Value: 738,577
  • High Value: 834,325
  • Low Value: 642,828

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $372,400
  • First Open Lien Mortgage Lender: PNC MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 30, 2015
  • First Open Lien Mortgage Loan Amount: $330,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2045
  • Second Open Lien Mortgage Lender: PNC BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Jul 05, 2022
  • Second Open Lien Mortgage Loan Amount: $42,000
  • Second Open Lien Mortgage Term: 478
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2062

    Market Valuation

  • Market Total Value: $455,297
  • Market Land Value: $75,000
  • Market Improvement Value: $380,297

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $455,297
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $380,297

    Sales

  • Current Sale Contract Date: Jul 29, 2015
  • Current Sale Recording Date: Jul 30, 2015
  • Current Sale Transaction ID: 1255862967
  • Current Sale Price: $413,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Apr 30, 2014
  • Previous Sale Contract Date: Apr 30, 2014
  • Previous Sale Amount: $1,400,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 30, 2015
  • First Mortgage Loan Amount: $330,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2045
  • Second Mortgage Lender: PNC BANK NA
  • Second Mortgage Transaction Date: Jul 30, 2015
  • Second Current Mortgage Financing Type: Variable
  • Second Mortgage Loan Amount: $40,887
  • Second Mortgage Terms: 323
  • Second Mortgage Loan Type: Credit Line (Revolving)
  • Second Mortgage Loan Due Date: Jul 29, 2042

About Drayton Reserve



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Frequently Asked Questions

What neighborhood is 4124 Green Drake Drive located in?
The 4124 Green Drake Drive is a located in the neighborhood of Drayton Reserve in Drayton Reserve, Wake Forest.
What is the average sales price for listings in 4124 Green Drake Drive?
The average sales price for units in 4124 Green Drake Drive is $0 currently.

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